Question

Which goods would be included in the calculation of GDP?
A. toys made in china at a factory owned by a U.S company
B. cars made in Tennessee at a factory owned by a Japanese car company
C. plastic made in Kentucky and sold to a toy maker in Ohio
D. cotton cloth made in India and sold to clothes makers in the U.S
I know that a GDP is is a measure of all the goods and services produced domestically
I'm torn between B and D i'm not sure what is my answer can you help ?
@whpalmer4 @Ricky2 @linda3 @hartnn @DollyAcquah @dumbsearch2 @myininaya

Answer 1

I think B is correct what do you think @whpalmer4?

Answer 2

Well now I'm thinking the answer might be C

Answer 3

If it's physically within the borders of the U.S

Answer 4

Well go with your instinct....

Answer 5

Hmmm.. I know but I can't afford to get this wrong I need to make sure

Answer 6

@whpalmer4 where are you ?

Answer 7

@whpalmer4 we need some clarification.....

Answer 8

That's the only other answer that would make sense in my opinion but I could be wrong

Answer 9

Maybe he or she is busy @DollyAcquah

Answer 10

it could be....

Answer 11

@dumbsearch2 I need your help please

Answer 12

@jdoe0001

Answer 13

@skullpatrol Please help me ?

Answer 14

@kewlgeek555

Answer 15

Final goods made in the US are what go into the computation of US GDP. Toys made in China aren't counted because they are made elsewhere. Plastic made in the US and sold to another US company for use in other products isn't counted because it isn't a final good. Cotton cloth made elsewhere and sold to a US garment maker isn't counted because it isn't a final good and isn't made in the US. That leaves cars built in Kentucky, which are a final good and made in the US.

Answer 16

Yes thanks @whpalmer4 I was right once again. Thank you very much you are kind and your explanations are very detailed